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449 State Highway 64

Infinite Equity Capital LLC Sells Retail Center In Antigo For $5.2 Million
SOLDRetail

Infinite Equity Capital LLC Sells Retail Center In Antigo For $5.2 Million

449 State Highway 64

$5,200,000

$54/SF

Building Size

96,323 SF

Asset Type

Retail

Closing

Dec 9, 2025

AI

The sale of a retail asset occurred at 449 State Highway 64 in the Antigo market. The property was sold for $5,200,000 and encompasses a total square footage of 96,323. The price per square foot is calculated at $54. The retail center is fully leased and includes tenants such as TJ Maxx, Dunham’s Sports, Dollar Tree, and Shoe Sensation, all of which have demonstrated stability with over 14 years of occupancy in more than 67% of the retail space.

Summary of transaction details:

The transaction was facilitated by Mid-America Real Estate Corp., highlighting the strategic involvement of established brokers in securing the sale of North Town Centre. The uniform occupancy levels and long-term tenant commitments emphasize the operational stability that influenced the transaction.

Players

Rick Drogosz

Mid-America Real Estate Group

Broker

$299.4M

vol

11 deals

Broker

Birnamwood Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93